Alliance Trust PLC announces a share repurchase program. Under the program, the company will repurchase up to 95,478,576 shares, representing 19.75% of the Company's issued share capital. These shares will be repurchased from The Liverpool Limited Partnership and Elliott Associates L.P. Shares will be repurchased at 4.75% discount to the then prevailing NAV. The repurchases will be made in five equal tranches. The Board believes that the repurchase is in the best interests of the company and its shareholders. The repurchase program will be subject to shareholders approval at a General Meeting to be held on February 28, 2017. On February 28, 2017, the shareholders of the company approved the share repurchase program at its General Meeting.